This is an introduction into one form of MACD wave analysis and how I use it for short term trading. MACD is a well known indicator of market momentum and one that can be used in a wide variety of ways. For now I will focus on one general method that I use on a […]
Convergences are a powerful indicator for traders of all varieties. Convergences, as the name suggests, are when two or more indicators or other analysis devices are leading you down the same path. Imagine a stream flowing down a valley. It meanders along on its own, following the trend of elevation until it joins, or converges, […]
Day Wave trading, or more accurately day to day wave trading, is a short term trading method I have developed utilizing Fibonacci Retracements. For those of you who don’t know Fibonacci Retracements, or FR’s, are a method of predicting and projecting potential areas of support and resistance on a chart of asset prices. The levels, […]
The Fibonacci Long Bar Method is a style of trading with Fibonacci Retracements that I have developed over the years. This method focuses on day and day to day trading utilizing retracement levels following a sharp single day rally or decline. This method is not suitable for everyday use but is quite handy at pinpointing […]
Fibonacci Retracements are one of my favorite trading tools and vital to my day trading performance. The levels predicted by the fibonacci tool are remarkably accurate and provide a great number of trading opportunities for me in my day to day routine. The thing is, Retracements are best used when dissecting a pronounced trend or […]
Believe it or not most of binary options trading is based on technical analysis. Technical analysis is the study and measure of historial price action of a financial product in order to make a prediction about its future performance. All the articles and all the strategies about trading binary options touch on technical analysis if […]
BinaryOptionGain.com is a downloadable software package for MT4. It is based on the popular Fibonacci sequences and utilizes several proprietary indicators. In order to get the down load you will have to register with the website, but unlike so many other sites I review this one actually gives you a lot of information before you […]
As primarily a trend trader, my goal is to trade in the direction of the trend, by entering on pullbacks and then taking my profit on the next trending wave. The basic envelope strategy discussed extensively in my day trade articles attempts to capture such moves. The problem is that unless you are very good […]
Moving averages are one of the most basic and least talked about technical indicators I know. It seems surprising, nearly every strategy article or analysis will include some mention of a moving average but few actually talk about them. Binary options traders should find them especially useful; moving averages can provide reliable directional entry signals […]
Monday turned out to be a really good trading day and I got a lot of help from the only technical indicators that I use for binary options trading – daily pivot points and Fibonacci retracements. When I started watching the pair around 2:30AM EST, the USD/CHF was in an uptrend after consolidating around the […]